Trade Sheet: Thursday October 3, 2019
Jason2019-10-03T21:42:24-05:00
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10, 2019
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10, 2019
Overseas Headline- October 3, 2019
Jason2019-10-03T14:04:05-05:00United States: U.S. Jobs Outlook Is So Weak It Echoes Disaster-Hit Months “The last time U.S. payroll forecasts were this low, hurricanes had slammed the country in 2017, temporarily closing businesses. Or go back to 2013 when there was a federal government shutdown. But for the September jobs report due Friday, Wall Street economists
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10, 2019
Sagicor Group Jamaica Limited (SJ) – Acquisition of Shares in Advantage General Insurance Company Limited
Jason2019-10-02T16:07:23-05:00October 02, 2019 Sagicor Group Jamaica Limited (SJ) has advised that the sale of shares in Advantage General Insurance Company Limited (AGIC) by NCB Capital Markets Limited to an unincorporated consortium led by Sagicor Investments Jamaica Limited through its wholly-owned subsidiary Phoenix Equity Holdings Limited was completed on September 30, 2019. SJ further advised that
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10, 2019
NCB Financial Group announces rating upgrade for subsidiary, National Commercial Bank Jamaica LImited
Jason2019-10-01T13:50:39-05:00October 01, 2019 Click below to view NCB Financial Group Limited's press release. NCB-Financial-Group-Limited-NCBFG-Announces-Rating-Update-for-Subsidiary-National-Commercial-Bank-Jamaica-Limited Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the
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09, 2019
Bank of Jamaica holds policy rate
Jason2019-09-30T21:46:36-05:00September 30, 2019 Bank of Jamaica announces its decision to hold the policy interest rate (the rate offered on overnight balances at Bank of Jamaica) unchanged at 0.50 per cent per annum. The decision to hold the policy rate unchanged is based on the Bank’s current assessment that monetary conditions are generally appropriate to
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09, 2019
Jamaica Sovereign Credit Rating Raised To ‘B+’ From ‘B’ On Improved External Position; Outlook Is Stable
Jason2019-09-30T14:02:07-05:00September 30, 2019 Overview Jamaica has made material progress in achieving macroeconomic stability and strengthening of its external position, improving its ability to withstand external shocks. As a result, we are raising our long-term foreign and local currency sovereign credit ratings on Jamaica to 'B+' from 'B' and affirming our short-term foreign and local
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09, 2019
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09, 2019
IMF Staff Completes Review Mission to Jamaica
Jason2019-09-26T14:06:57-05:00September 20, 2019 The IMF team congratulates Jamaica for the successful completion of the country’s economic reform program supported by the IMF’s Stand-By Arrangement. The authorities’ exemplary program implementation has resulted in a stronger economy with significant reduction in vulnerabilities, and increased job creation. Broad-based ownership across stakeholders and the continued commitment to public
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09, 2019
FOMC lowers federal funds rate
Jason2019-09-19T13:36:07-05:00August 18, 2019 Based on information collected since the Federal Open Market Committee (FOMC) met in July 2019, the findings suggested modest growth in economic activity as the labour market remained strong. The unemployment rate has remained low, while job gains have been solid in recent months. Additionally, there were also indication of an
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09, 2019
Sygnus reports 36% increase in year end net profit
Jason2019-09-16T17:06:24-05:00September 16, 2019 In United States dollars (except where it is indicated otherwise) Sygnus Credit Investments Limited, for the nine months ended June 30, 2019 reported Interest Income of US$3.17 million 171% increase on the US$1.17 million recorded in 2018. For the quarter, Interest Income rose 104% to US$727,583 (2018: US$356,542). The Company also reported Fair